Despite the negative pressure hitting the market this week, Litecoin has performed well. The cryptocurrency initially declined but returned to its previous highs before the drop.
Due to its recent bullish trend and resilience, Litecoin has outperformed Bitcoin, the leading cryptocurrency by market capitalization. How long can LTC outperform Bitcoin?
In its latest article on X, market monitoring group Santiment noted that Litecoin has outperformed Bitcoin in recent weeks. In February, the on-chain analytics firm found that LTC was one of the few that outperformed Bitcoin.
The price of Litecoin (LTC/BTC ratio) has increased by approximately 25% compared to the leading cryptocurrency last month, according to CoinGecko. Santiment expects a slight correction in cryptocurrencies soon.
These forecasts are based on the increasing optimism of investors in Litecoin in recent days. Santiment posted on X that active addresses for Litecoin have increased over the past 24 hours.
The market research site reported 445,000 active addresses for LTC for the first time since February 1, 2025. This significant increase in addresses indicates network membership, but the more troubling trend is the discussions about LTC on social media and online.
Santiment noted that positive comments on social media about Litecoin have surpassed negative comments for the first time since February 10. This overly optimistic discourse may indicate investor fatigue, which could harm the LTC/BTC ratio. History shows that prices tend to move against the crowd in cryptocurrencies.
What is the next price of Litecoin?
LTC is now at $127, up 4.5% in 24 hours. After briefly falling below $110 mid-week, the cryptocurrency has returned to weekly losses of less than 1%.
Litecoin's price is consolidating, according to a well-known cryptocurrency analyst. Once it breaks and closes above $136 on the daily timeframe, the cryptocurrency may rise.
